Business, 26.07.2019 16:20 alyssatamayo641

Mary and cathy are roommates. mary assigns a $30 value to smoking cigarettes. cathy values smoke-free air at $15. which of the following scenarios is a successful example of the coase theorem?
a. mary pays cathy $16 so that mary can smoke.
b. cathy offers mary $20 not to smoke. mary accepts and does not smoke.
c. cathy offers mary $15 not to smoke. mary accepts and does not smoke.
d. mary pays cathy $14 so that mary can smoke.

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Mary and cathy are roommates. mary assigns a $30 value to smoking cigarettes. cathy values smoke-fre...